When you take the first steps onto the trading ladder you could be forgiven for believing it’s a very straight forward process; open an account>trade>make money>learn>make a few mistakes>trade>make money>learn>make a few mistakes…one thing most traders can agree on is that trading is not what we expected it would be at the outset of our
Thirty Eight Steps on the Snakes and Ladders of Trading Success Read More »
“If a tree falls in a forest and no one is around to hear it, does it make a sound?” is a legendary philosophical thought experiment that raises questions regarding observation and knowledge of reality. Can something exist without being perceived? Is sound only a sound if a person hears it? The most immediate philosophical
The updated weekly USA unemployment figures were published on Thursday. The number of Americans filing claims for jobless benefits hardly changed since the previous week. Applications for unemployment insurance payments decreased 1,000 in the week ended Oct. 8th to 404,000, Labor Department figures showed today. Economists forecast 405,000 claims according to the median estimate in
Can Desperation Lead to Inspiration? Read More »
Perhaps the USA senate needs to look up the meaning of the word “diktat” before attempting to issue the same versus one of its major trading partners. A diktat is a harsh penalty or settlement imposed upon a defeated party by the victor, or a dogmatic decree. The senate would have been better employed studying
The U.S. Senate Needs to Research Yin Yang and Stop Playing Ping Pong Read More »
When you reach the end of your rope, tie a knot in it and hang on – Thomas Jefferson The president of the European Commission, Jose Manuel Barroso, set out a plan on Wednesday designed to finally bring to an end the eurozone debt crisis. Mr Barroso stated that banks must set aside more assets
When you Reach the End of Your Rope, Tie a Knot in it and Hang On Read More »
I can't lift heavy weights anymore, actually that needs re-phrasing, I could, but I've made the conscious choice not to. Once I passed forty I gradually came to the realisation and took the decision that any potential ongoing damage to my body was not worth the continued effort. What seemed like permanent back strain just
Ganbatte – Nana Korobi Ya Oki Read More »
U.S. stocks flatlined on Tuesday after the best five days for the S&P 500 in two years, investors now look to the earnings season for a reason to extend the optimism for a market rebound. Stocks wavered throughout the NY session. Markets have been constantly reacting and over reacting to euro zone news where officials
Who Dares Wins, the SaS Brings Down the Slovakia Government and Threatens the EFSF Read More »
The US senate passed legislation yesterday to allow companies to seek compensation due to the USA administration’s perception that the weak Yuan is hurting the USA’s ability to export. Imported Chinese goods are also apparently costing too much due to the value of the Yuan. Would this include goods from Apple, such as the iPhone,
Job Creation or More Bad Apples? Read More »
So you're deep in the jaws of a drawdown and you sit there staring at the monitor wondering; "how did I get here?" You look at the charts, the account balance, back to the charts, the account balance and then the reality hits; it's gone, it ain't coming back and it'll take a real fight
"They used to tell me I was building a dream, and so I followed the mob, When there was earth to plow, or guns to bear, I was always there right on the job. They used to tell me I was building a dream, with peace and glory ahead, Why should I be standing in
Brother, Can You Spare A Dime? Read More »
